News about UDA Holdings

GEORGE TOWN (Nov 15): Penang has totally lost the ownership of Pulau Jerejak after Penang Development Corp (PDC) sold its 49% ownership in Tropical Island Resort Sdn Bhd (TIRSB) to Ideal Properties subsidiary, Q Island Development.

PETALING JAYA (Nov 7): Tropical Island Resort Sdn Bhd (TIRSB) has entered into a joint-venture agreement with Q Islands Development Sdn Bhd (QID), a subsidiary of Ideal Property Group, to redevelop the Jerejak Rainforest Resort & Spa and the 80 acres of land owned by TIRSB on the island.

Maintain buy with an unchanged target price (TP) of RM1.

KUALA LUMPUR (Oct 14): The construction work for the retail mall at Bukit Bintang City Centre in Kuala Lumpur will start in January 2017 and is expected to be completed by 2021.

KUALA LUMPUR (Aug 27): Believing that connectivity is absolutely vital, BBCC Development Sdn Bhd said the developer will be investing RM30 million into creating the central transport hub located within the Bukit Bintang City Centre (BBCC) development, said its chief executive officer, Datuk Richard Ong.

A VISITOR to the Bukit Bintang City Centre (BBCC) development’s sales gallery at Jalan Hang Tuah, Kuala Lumpur would be greeted by the sight of shipping containers.

FOR a lot of investors, the first thing that comes to mind when one mentions Penang is the state’s thriving island and its capital city of George Town.

PETALING JAYA (July 9): UDA Holdings Bhd will launch two projects in Bertam on Penang’s mainland which have a total gross development value (GDV) of RM1.

PEKAN, PAHANG (June 12): UDA Holdings Bhd (UDA) wants to open a couple of new hotels under its Ancasa brand in the next half decade, according to a report from Bernama.

KUALA LUMPUR (April 16): To commemorate the sizeable Japanese investments into the landmark Bukit Bintang City Centre (BBCC) here, BBCC Development Sdn Bhd will be hosting a month long Japanese-themed event titled YOKOSO: A Celebration of Japan @ BBCC at the project sales gallery starting today.